Asset & Wealth Management, Private Wealth Management, Investment Strategy Group, Associate - Ne[...]

Goldman Sachs; New York (NY); Hybrid; USD 85,000 - 160,000; Full time

Job summary

Goldman Sachs is seeking a quantitative strategist to join the Strategic and Quantitative Asset Allocation (SQAA) team within the Investment Strategy Group (ISG). The candidate will design cutting-edge investment strategies across global asset classes and conduct rigorous research with researchers and technologists.

Ideal candidates will have fluent programming skills, strong analytical abilities, and excellent communication.

Qualifications

• Bachelor's degree required.
• A degree in a technical discipline such as mathematics, computer science, economics, statistics, physics, engineering, data science.
• 4+ years of related work experience.
• Intermediate experience in at least one programming language (e.g. Python, Java, C++, Matlab).
• Experience with extracting insights from real-world data.
• Knowledge of global asset classes and investment instruments.
• Excellent communication skills, especially the ability to explain complex technical concepts and quantitative investment management topics in simple terms.
• Independent, logical, and critical thinking, with the willingness to constantly think outside of the box.
• SIE, Series 7 and 63 required (must be obtained within three months of employment).

Responsibilities

• Possess strong analytical and technical skills
• Take a hands-on approach in the design and implementation of cutting-edge systematic investment strategies
• Have a passion for markets and the desire for a long-term career in Investment Management
• Work well in a team environment

Skills

Analytical skills

Communication skills

Team collaboration

Python

Java

C++

Matlab

Education

Bachelor's degree in a technical discipline

Tools

Python

Java

C++

Matlab

Job description

YOUR IMPACT

We are seeking a quantitative strategist to join the Strategic and Quantitative Asset Allocation (SQAA) team within the Investment Strategy Group (ISG). The candidate will join a team of researchers and technologists to design cutting-edge investment strategies across global asset classes.This is a dynamic role that requires creativity, innovative thinking, and the ability to conduct rigorous investment research. Fluent programming skills, impeccable attention to detail and good communication skills are also a must.

OUR IMPACT

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Private Wealth Management (PWM)

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

The Investment Strategy Group (ISG) within PWM has responsibility for strategic and tactical asset allocation views and advice for the firm’s high net worth clients and certain institutions. The role of an ISG member requires a broad set of qualities, including a passion for investing,client service,as well as strong analytical and communication skills.

HOW YOU WILL FULFILL YOUR POTENTIAL

In this role you will work with SQAA team members across the entire lifecycle of strategy research, development, and management. A successful candidate should:

• Possess strong analytical and technical skills
• Take a hands-on approach in the design and implementation of cutting-edge systematic investment strategies
• Have a passion for markets and the desire for a long-term career in Investment Management
• Work well in a team environment

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• Bachelor's degree required
• A degree in a technical discipline such as mathematics, computer science, economics, statistics, physics, engineering, data science
• 4+ years of related work experience
• Intermediateexperience in at least one programming language (e.g. Python, Java, C++, Matlab)
• Experience with extracting insights from real-world data
• Knowledge of global asset classes and investment instruments
• Excellent communication skills, especially the ability to explain complex technical concepts and quantitative investment management topics in simple terms
• Independent, logical, and critical thinking, with the willingness to constantly think outside of the box
• SIE, Series 7 and 63 required (must be obtained within three months of employment)

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range

The expected base salary for this New York, NY, United States-based position is $85000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.